Kutchan Double Apartment Building

    JPY 35,000,000
1-chōme-11-28 Minami 5 Jōhigashi, Kutchan, Abuta-gun, Hokkaido 044-0015, Japan
  • Property Type
  • House
  • 2000293
  • Property ID
  • 10
  • Bedrooms
  • 4
  • Bathrooms
  • 354
  • 370
  • Lot m²

Kutchan Double Apartment Building

1-chōme-11-28 Minami 5 Jōhigashi, Kutchan, Abuta-gun, Hokkaido 044-0015, Japan
    JPY 35,000,000

Overview

Property ID: 2000293
  • Property Type
  • House
  • 2000293
  • Property ID
  • 10
  • Bedrooms
  • 4
  • Bathrooms
  • 354
  • 370
  • Lot m²

Description

2 blocks of land currently hosting 2 apartment buildings in a convenient Kutchan location 1 block from the National Highway Route 5 and 400 meters from Lucky Supermarket.

The 2 apartment buildings combined has 4 apartments all currently occupied with long term tenants to give the owner a net rental yield of nearly 5% at the asking price.

This is the perfect investment for land holding while enjoying the rental yields with future potential for a larger development in all 2 plots or smaller redevelopments in each plot over the years.

The plots allow higher density range for residential and also selected commercial use like restaurants.

Details

Updated on April 26, 2020 at 10:28 pm
  • Property ID: 2000293
  • Price: JPY 35,000,000
  • Property Size: 354 m²
  • Land Area: 370 m²
  • Bedrooms: 10
  • Bathrooms: 4
  • Property Type: House
  • Property Status: For Sale

Additional details

  • Toilets: 4
  • Area Kutchan

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